FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) Short Interest Update

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund (NYSEARCA:TDTF) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 107,963 shares, an increase of 114.9% from the November 30th total of 50,237 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 131,528 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 131,528 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are short sold.

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund Stock Performance

TDTF remained flat at $23.96 during trading on Friday. 97,846 shares of the company’s stock traded hands, compared to its average volume of 157,899. FlexShares iBoxx 5 Year Target Duration TIPS Index Fund has a 1 year low of $23.16 and a 1 year high of $24.49. The firm’s fifty day moving average price is $24.15 and its 200 day moving average price is $24.16.

Hedge Funds Weigh In On FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Large investors have recently added to or reduced their stakes in the business. Farmers National Bank increased its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 49.5% during the 3rd quarter. Farmers National Bank now owns 718,601 shares of the company’s stock worth $17,440,000 after purchasing an additional 237,864 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 7.6% during the third quarter. Ameriprise Financial Inc. now owns 742,554 shares of the company’s stock valued at $18,022,000 after buying an additional 52,405 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 25.7% during the third quarter. Jones Financial Companies Lllp now owns 3,644 shares of the company’s stock worth $88,000 after buying an additional 745 shares in the last quarter. Cheviot Value Management LLC raised its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 30.2% in the 3rd quarter. Cheviot Value Management LLC now owns 1,217,901 shares of the company’s stock valued at $29,644,000 after buying an additional 282,187 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its position in FlexShares iBoxx 5 Year Target Duration TIPS Index Fund by 58.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 137,601 shares of the company’s stock valued at $3,313,000 after buying an additional 50,706 shares during the last quarter.

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund that is based on the iBoxx 5-Year Target Duration TIPS index. The fund tracks an index of inflation-protected US government debt with a targeted duration of roughly five years. TDTF was launched on Sep 19, 2011 and is managed by FlexShares.